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Income Tax - Highlights / Catch Notes

Home Highlights July 2012 Year 2012 This

Estimation of expenditure incurred in earning the exempt income ...


Section 14A & Rule 8D Invoked: Assessee's Explanation on Expenditure for Exempt Income Found Unsatisfactory.

July 11, 2012

Case Laws     Income Tax     AT

Estimation of expenditure incurred in earning the exempt income -as the assesee’s explanation is not satisfactory, therefore, provisions contained in 14A are applicable r.w.r.8D - AT

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